Monetary Policy Committee increase lending rate to 13.5%

Monetary Policy Committee for inside Central Bank of Nigeria don vote to increase Monetary Policy Rate which dem take to measure interest rate to thirteen-point five percent.

CBN Governor, Godwin Emefiele, wey tok this one as him de follow some story people for the bank headquarters for inside Abuja tok, say six out of eleven committee members vote to increase the rate.

This increment na the first time in two plus half years wey the Monetary Policy Committee go increase Monetary Policy Rate.

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